Actuarial Assumptions definition

Actuarial Assumptions means assumptions regarding the occurrence of future events affecting costs of the SCRHI Trust Fund or LTDI Trust Fund such as mortality, withdrawal, disability, and retirement; changes in compensation; aging effects and cost trends for post‑employment benefits; benefit election rates; rates of investment earnings and asset appreciation or depreciation; procedures used to determine the actuarial value of assets; and other such relevant items.
Actuarial Assumptions means the actuarial assumptions used in connection with the most recently completed actuarial report of the accounting liabilities under the applicable Parent Pension Plan, except that, any actuarial assumption changes regarding accounting liabilities to the applicable Parent Pension Plan as a result of Parent’s actuary’s 2021 experience study will be utilized to the extent different, and the discount rate applied in determining such liabilities shall be determined as of the Interim Transfer Date.
Actuarial Assumptions means, with respect to any form of benefit, the appropriate Actuarial Assumptions set forth on Schedule A, as changed from time to time, based on the recommendations of the Bank’s Benefits Consultants and approved by the Bank’s Board of Directors, and as attached hereto and made a part hereof.

Examples of Actuarial Assumptions in a sentence

  • The third actuary shall conduct a de novo review without any presumption of correctness or deference to the prior conclusions of either party’s actuary and shall apply the terms of this Section 4.6(a)(ii) and the Actuarial Assumptions in reaching its own conclusions.


More Definitions of Actuarial Assumptions

Actuarial Assumptions means, with respect to any form of benefit, the Actuarial Assumptions set forth on Schedule A attached hereto and made a part hereof.
Actuarial Assumptions has the meaning set forth in Section 5.02(e).
Actuarial Assumptions the actuarial methods and assumptions set out in the Actuary's Letter;
Actuarial Assumptions means the applicable actuarial assumptions, methods and methodologies set forth in Annex 5.
Actuarial Assumptions means the interest rate, mortality assumptions or any other statistically derived rate or index commonly used by the actuaries for Alcon Holdings Inc. on a consistent basis in determining its accrued liabilities under the ASERP for financial accounting purposes. It is intended that the Moody’s AA Corporate Bond Rate will be the interest rate used for this purpose; however, if GAAP reporting requirements mandate that another interest rate be used to calculate the liabilities under the ASERP, use of such rate will be considered for calculating benefits.
Actuarial Assumptions means, for purposes of determining optional forms of payment, the interest rate most recently used by the Company’s actuary for the purpose of financial accounting under the Plan and the GAR 94 Mortality Table for post-commencement periods with no mortality for pre-commencement periods, except as otherwise indicated in any Exhibits, as amended from time to time.
Actuarial Assumptions means the actuarial assumptions and methods specified in the Actuary’s Letter.